January 02, 2016

Bill Bull's Blog 160101

Bill wishes you all a prosperous New Year in good health.

The year 2015 was a bad year for investors with a weak heart. One day you woke up and felt rich, the next one you woke up and felt broke. Either you live with this bumpy road or you take the highway to your banker who will be pleased to give you  a small positive yield if you beg for it.

We expected a lot more in the past year but compared with several markets we can't complain too hard. Finally we made +9.8% profit on the portfolio in 2015 wich brought the average gain since the start to 5.6%


Some major markets were performing better than we did, but some were really worse. Have a look on there percentages for last year:

ISEQ 6852,49 31,16
FRANKFURT MDAX 20774,62 22,67
EURONEXT150 2413,41 18,18
BEL20-INDEX 3734,02 13,55
NASDAQ 100 4652,01 9,81
TOKYO NIKKEI 225 19033,71 9,07
DAX XETRA INDEX 10743,01 8,52
S&P 500 2063,36 0,22
DOW JONES 17603,87 -1,23
NYSE WORLD LEADERS 6942,93 -5,17

It is still hopeless to find stocks that can be called 'cheap'. Patient will still be the way to look at the next week(s).
After all, the stocks in portfolio are not bad at all. Their performances in 2015 were as follows:
Drillish +31%
Dialog Semicond. +3%
Staffline +75%
Dexcom +49%
Regeneron +33%
Adler +92%
Hypoport +560%


This leaves us with one conclusion: we have to extend the turn around of stocks in portfolio, the longer we keep them, the more profit we can expect.


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